$59,550,000 INDRIO RD FORT PIERCE, FL 34945

Population Growth: St. Lucie County has been experiencing population growth over the years. According to the U.S. Census Bureau, the population in St. Lucie County grew by 4.4% between April 2020 and July 2021. In Port St. Lucie, it grew by 6.2%. The county's location on Florida's eastern coast, with access to beautiful beaches and a relatively affordable cost of living, has attracted both retirees and young families. The population growth was driven by an increase in new residents moving to the area. Housing Development: The housing market in St. Lucie County had been active with new residential developments. This growth included the construction of single-family homes, condominiums, and apartment complexes. The county had been working to accommodate the demand for housing through zoning changes and new construction projects. Economic Development: St. Lucie County had been making efforts to diversify its economy. The area had been attracting businesses and industries related to healthcare, technology, and manufacturing. The expansion of the healthcare sector, in particular, had been notable. In talking with the planning staff, St. Lucie County anticipates growth will occur on Indrio Rd west of I-95. Located 3 miles west of the intersection of I-95 and Indrio Road. This is a full-access intersection located at mile marker 138, > Large cleared tract waiting to be developed. > Located 9 miles from the Indian River Lagoon. >The property can be leased for farming to generate income while waiting to develop. >Current Water and Sewer provided by St. Lucie County is located about 3 miles to the east at Indrio Rd & Koblegard Rd. At that location there currently is a 16" water main and a 12" force main. >This property is great for an investor wanting to plan for future growth. >The traffic count on I-95 at Indrio Rd is 57,000 AADT